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Glen Foundry Limited

03754526

active
Private Limited Company
england wales
Companies House
Health Score
79 / 100

Some Concerns

25/30
Filing
20/30
Financial
34/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)
  • 3 outstanding charges (-6)

Details

167-169 GREAT PORTLAND STREET, LONDON, W1W 5PF
Incorporated 19/04/1999

Compliance

Last accounts

31/12/2024

full

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 19/04/2026

Due 03/05/2027

On track

Industry

24530
Casting of light metals

Officers

Mr David John Armour

director · Since 30/09/2019

DIRECTOR

BRITISH · SCOTLAND · Age 60

Mr Gary Henry Brese

director · Since 30/09/2019

DIRECTOR

BRITISH · SCOTLAND · Age 36

Also on 6 other boards

Mr Peter Orr Currie

director · Since 30/09/2019

DIRECTOR

BRITISH · SCOTLAND · Age 68

Also on 8 other boards

Mr Brian James Taggart

director · Since 30/09/2019

DIRECTOR

BRITISH · SCOTLAND · Age 55

Also on 7 other boards

Persons with Significant Control

Precision Tooling & Castings Limited

75–100% shares

10 Spirit Aero Systems, Glasgow Prestwick Intnl Airport, Prestwick, KA9 2RW

Reg: Sc629344 · Scotland · Limited Company

Notified 19/10/2019

Former PSCs

J&Lcorrigan Limited

Ceased 12/01/2021

Ag Concepts Limited

Ceased 31/12/2024

Charges3 outstanding

Charge
outstanding

BARCLAYS BANK PLC

Created 14/10/2019Registered 28/10/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 03/10/2019Registered 11/10/2019
Charge
outstanding

BARCLAYS BANK PLC

Created 26/09/2019Registered 30/09/2019

CompanyRankvs 15+ SIC 24530 peers
76

Financial strength92th percentile among SIC peers · 23/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 6.51× · 20/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
Show leaderboard
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3Maycast-Nokes Precision Engineering Ltd
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5Fine-Cast Foundry Limited
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6Francis W Birkett & Sons Limited
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7Castex Products Limited
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8Glen Foundry Limited
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9Haworth Castings Limited
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10Lestercast Limited
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How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/12/2021

Turnover

£11.9M

Annual revenue

Net Worth

£4.3M

Balance sheet strength

Cash

£111k

Cash in the bank

Profit Before Tax

£870k

Bottom line earnings

Net Current Assets

£4.0M

Working capital

Current Assets

£4.7M

Current Liabilities

£720k

Fixed Assets

£677k

Debtors

£3.0M

Cost of Sales

£9.6M

Gross Profit

£2.2M

Admin Expenses

£1.3M

Operating Profit

£891k

50avg. employees

Balance Sheet

Assets less current liabilities£4.6M
Prepared with Companies House

EstimatesDerived

YearCurrent Ratio
20216.51

Derived from filed accounts. Not audited figures.